Welcome! Log In Create A New Profile

Advanced

The big Pile of Shit Bill has a lot of Feel Good Breeder incentives

Posted by bell_flower 
The big Pile of Shit Bill has a lot of Feel Good Breeder incentives
July 19, 2025
Here's a summary:


Trump Accounts:

· OBBB created a new savings account for children called Trump Accounts.

· Children born between 2025 and 2028 are eligible for a $1k deposit made by the federal government into these accounts regardless of the parent’s income.

· The accounts can be opened for any child under age 18 and up to $5k can be contributed annually.

· Accounts must be invested in low-cost stock index funds tracking a major index like the S&P 500.

· Employers are eligible to contribute $2,500 of the $5,000. Contributions are made with after-tax dollars.

· Funds cannot be withdrawn prior to a child’s 18th birthday.

· Contrary to prior understanding of the bill, the account does not have to be withdrawn by the child’s age 31.

· Earnings on withdrawals are taxed at capital gains rates for qualified expenses.

· Earning on withdrawals not used for qualified expenses are taxed at ordinary income plus a 10% penalty if the withdrawals are made before age 59 ½.

· Qualified expenses include higher education costs, small business start-up costs, or costs from a disability, domestic abuse or natural disaster. There is also a $10,000 exception for a new home purchase and $5,000 exception for the birth of a child.

People who are too poor to have kids won't be contributing to these accounts. It''s just another gimme for well off Breeders. It's not like $5000/year is going to pay for anyone's college these days.
remember a few years back there were articles hysterically proclaiming worry about falling birth rates? all that is going on now should NOT be a surprise. rather. to be expected. so it makes any preaching about klymutt change and related shit hypocritical. but breeders think with their gonads and greed. nothing else.

two cents ¢¢

CERTIFIED HOSEHEAD!!!

No one is more arrogant towards women, more aggressive or scornful, than the man who is anxious (insecure..my word) about his virility. Simone de Beauvoir

people (especially women) do not give ONE DAMN about what they inflict on children and I defy anyone to prove me wrong

Dysfunctional relationships almost always have a child. The more dysfunctional, the more children. The selfish wants of adults outweigh the needs of the child.

Some mistakes cannot be fixed, but some mistakes can be 'fixed'.

People who say they sleep like a baby usually don't have one. Leo J. Burke

Adoption agencies have strict criteria (usually). Breeders, whose combined IQ's would barely hit triple digits, have none.
Sorry, only registered users may post in this forum.

Click here to login